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24/09/20 23:56 by Brenda Ngari
Bitcoin Is REALLY Worth $15,000 Based On This Key Adoption Metric
The bitcoin price has ballooned 40% on a year-to-date basis. The OG cryptocurrency has performed particularly well amid the pandemic partly because it acts as a reliable store of value like gold.
... Read More
24/09/20 16:02 by Bernice Nyambura
Bitcoin’s Fixed Supply Makes The Primary Beneficiary In Times Of High Fiat Inflation- Bloomberg’s Strategist
Bitcoin’s YTD performance of 45.95% in 2020 is impressive despite high volatility and underperformance in comparison to other digital assets like Ethereum and DeFi tokens.
However, as the most d... Read More
16/09/20 12:00 by Nick Chong
Here’s the Pivotal Level Where Bitcoin’s Ongoing 10% Surge May End
Bitcoin is surging despite weakness in the altcoin market. Since bottoming at $9,800 last week, the coin has gained $1,000 and over 10% as its price has reached $10,850 as of this article’s writ... Read More
05/09/20 10:01 by Brenda Ngari
Bitcoin Price Could Leap To $500,000 Or Crash To Zero, Says Bloomberg Analyst
On September 1, the bitcoin price hit $12,000 again for the fourth time since August 2, sparking a lot of optimism among investors. This was, however, followed by a fierce sell-off as bitcoin correct... Read More
15/07/20 12:00 by Nick Chong
This 2016 Bear Market Fractal Shows Bitcoin Could Shoot Towards $20k in 2020
Bitcoin’s consolidation over recent weeks has convinced some traders that there is a move to the downside in the works. As reported by NewsBTC recently, one analyst commented that the recent pri... Read More
13/07/20 02:00 by Nick Chong
A Critical 30% Bitcoin Breakout Is Weeks Away: Volatility Analysis
As repeated time and time again by analysts, Bitcoin is currently in no man’s land. The cryptocurrency remains above the $8,500 support while below the resistance region at $10,000-10,500.
Price... Read More
04/07/20 03:04 by Nick Chong
Crypto Tidbits: Bitcoin Stalls at $9k, Cardano Shelley, Elon Musk & Ethereum
Another week, another round of Crypto Tidbits.
It’s been another boring week for the Bitcoin market. For all of the past seven days, the leading cryptocurrency has traded within 3% of $9,100, t... Read More
03/07/20 23:00 by Nick Chong
Analyst Who Predicted Bitcoin’s V-Shaped Reversal at $3,700 Is Bullish
It’s been a tough past few weeks for the Bitcoin market. Some are skeptical that the cryptocurrency is in a bull trend after BTC has sustained multiple rejections at $10,000.
Yet a trader that n... Read More
26/06/20 22:19 by Brenda Ngari
Bloomberg Analyst Gives Two Simple Reasons Why Bitcoin Is Poised To Test $13,000 Despite Current Bearishness
Bitcoin is currently far from a full-fledged bull market. Any attempt to move upward has been swiftly thwarted by the bears. The latest attempt was seen on Monday as the crypto climbed to $9,700, whi... Read More
26/06/20 15:00 by Yashu Gola
Bloomberg Analyst Sees Bitcoin at $13K Despite Hints of Deep Breakdown
Bitcoin price is eyeing a breakout towards $13,000, according to Bloomberg analyst Mike McGlone.
The senior commodity strategist stated that the cryptocurrency’s declining volatility is making ... Read More
24/05/20 18:25 by Nick Chong
Why Analysts Expect a Deeper Drop After Bitcoin Just Crashed Below $9,000
After rallying 5% from the weekly lows, the Bitcoin bull trend has petered out once again. This weakness culminated in a drop below $9,000 just minutes ago, marking the lowest price BTC has traded at ... Read More
27/04/20 22:23 by Brenda Ngari
Renowned Analyst Believes Ripple Has The Potential To Disrupt The Global Remittance Market. But There’s A Caveat
It’s a commonly used refrain by the Ripple supporters: The blockchain-based payments firm will eventually replace archaic systems like SWIFT for cross-border payments. This should, ideally, boost t... Read More
09/12/19 01:00 by Nick Chong
Last Weekly Golden Cross Led Bitcoin to Rally 75% Rapidly; Will the Same Happen Now?
If you’ve been on Crypto Twitter at all over the past few months, you’ve likely noticed the phrase “Bitcoin golden cross” tossed around incessantly. The reason, the leading cry... Read More
05/12/19 13:00 by Nick Chong
Why Bloomberg Analysts Expect Bitcoin Price to Rally Past $10,000
Bitcoin didn’t have the best second half of 2019, plunging from a year-to-date high of $14,000 in June to $7,400, where it sits as of the time of writing this. At its lows, the cryptocurrency fe... Read More